General Business News

Karachi: The Karachi Stock Exchange's KSE-100 index reported a significant increase, closing at 161,632 after gaining 4,899 points on Friday. Trading volumes rose to 953 million shares, compared to 848 million shares in the previous session. Analysts ...

Karachi: Pakistan's urea sales in October 2025 are anticipated to reach 351,000 tons, marking a 2% decrease year-over-year and an 18% drop month-over-month. This decline is attributed to a pre-buying trend observed in previous months. Engro Fertilizer...

Karachi: Pak-Qatar Asset Management Company Limited (PQAMC), a prominent Islamic asset management firm in Pakistan, has declared a dividend of PKR 0.6900 per unit for its Pak-Qatar Monthly Income Plan (PQMIP) for October 2025. This announcement unders...

Karachi: Pakistan Vanaspati Manufacturers Association (PVMA) Chairman Sheikh Umer Rehan has called on the government to release pending sales tax refunds, citing severe financial pressure on the edible oil and ghee industry due to excessive taxation a...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has announced an update to the entity ratings of TPL Corp Limited, a key holding company within the TPL Group. The update comes amidst TPL Corp’s strategic maneuvers in various sectors, includ...

Karachi: Hub Power Company (HUBC) announced that lenders have declared the Project Completion Date (PCD) for Thar Energy Limited (TEL) and ThalNova Power Thar (TN) as October 31, 2025. The completion of these 330MW coal-based projects marks a signific...

LAHORE: Service Retail (Private) Limited, a subsidiary of Service Industries Limited, has received its first credit ratings from the Pakistan Credit Rating Agency Limited (PACRA), highlighting the company's significant presence and influence in Pakist...